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Thread: Toronto different than other US cities or cities in Canada?

  1. #1
    Cyburbian
    Registered
    Apr 2007
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    Canada
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    229

    Toronto different than other US cities or cities in Canada?

    The 50's 60's 70's smaller bungalow homes and lots of property.

    Late 70's and 80's bigger 2 story homes and less property.

    The late 90's bigger 2 story homes and small property.

    The price of homes going up ,homes getting bigger but smaller property.

    What is going on? Why is this happing?

  2. #2
    Cyburbian mgk920's avatar
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    Mar 2004
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    Appleton, Wisconsin
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    People like living in and showing off big houses but hate mowing lawns?

    I have heard that reasoning in similar suburban cases here in Wisconsin.

    Mike

  3. #3
    Cyburbian donk's avatar
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    Its all about land cost and affordability. The front foot cost of a new lot is about $7500 a ff in the 'burbs.

    60ft lot = $450k lot cost, plus of house = $750 - 900k house.

    42 ft lot = $315k lot cost, plus house = $475k to 600k house.
    Too lazy to beat myself up for being to lazy to beat myself up for being too lazy to... well you get the point....

  4. #4
    Cyburbian
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    Apr 2007
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    Canada
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    I understand a high demad for homes and low supply = homes costing more.

    City running out of land for sprawl = homes costing more

    A area where everyone is moving to = homes costing more

    Its all about land cost and affordability. The front foot cost of a new lot is about $7500 a ff in the 'burbs.

    60ft lot = $450k lot cost, plus of house = $750 - 900k house.

    42 ft lot = $315k lot cost, plus house = $475k to 600k house.
    It true that some of the suburbs in Toronto are running out of land for sprawl and that may be why they are more close together but why the big homes?

    You would think smaller homes and smaller lot than bigger homes and smaller lot.

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